OFF_MARKETRisky Deal4 days on market

9229 Spruce Mountain Way

9229 Spruce Mountain Way, Las Vegas, NV 89134, Las Vegas, NV 89134
$555,000
Zestimate®:$536,700

Listing Price

Property image 1
9229 Spruce Mountain Way, Las Vegas, NV 89134
Loc: Las Vegas, NV
Days Listed
4
Tax Assessed
$302k
Zestimate®
$537k
Market Rate
Lot Size
7,841 sqft
Rent Estimate
$2,419/mo
Est. Cash Flow base
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

7

William Lummis Elementary School

PK-5
0.4 mi away
6

Ernest Becker Middle School

6-8
0.1 mi away
8

Palo Verde High School

9-12
2.8 mi away

Property Overview

A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.

Features & Amenities

Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit

Haven AI Verdict

Recommendation
Pending...
Confidence Score: 0/10
Exercise caution due to potential market volatility.
Cap Rate
3.35%
Total ROI
31.7%
Cash Flow
$-1,330/mo
DSCR
0.54
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Data provided by Haven AI. Disclaimer

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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-09-02Sold$545,000$302
2026-07-27Contingent$555,000$307
2026-07-09Listed for sale$555,000$307
2019-09-25Sold$333,000$184
2019-08-23Listed for sale$345,000$191
2002-10-31Sold$185,000$102
2001-03-30Sold$172,500$95
1997-08-15Sold$152,000$84
1996-03-04Sold$150,000$83
1995-06-22Sold$150,000$83

Tax History

YearProperty TaxTax Assessment
2026$2,527.59$105,580
2025$2,453.76$108,774
2024$2,382.8$100,040
2023$2,313.54$88,521
2022$2,245.84$78,600
2021$2,179.88$79,862
2020$2,115.8$79,072
2019$2,018.99$72,871
2018$1,888.65$72,871
2017$1,888.65$73,603
2016$1,888.65$67,234
2015$1,884.27$64,672
2014$1,829.33$58,117
2013$0$58,117
2012$0$52,355
2011$0$59,016
2010$0$63,566
2009$0$68,274
2008$0$68,274
2007$0$111,356
2006$0$118,774
2005$0$94,252
2004$0$60,158
2003$0$56,270
2002$0$54,060
2001$0$49,790
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
3
Baths
2
Sq Ft
1,807
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Sources:MLS List Price: $555,000Rent Basis: Observed Comp Model ($2,419/mo)State Tax Benchmark: 0.6% (NV)Hazard Reserve: $162/mo
Haven ScoreRisky
0/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
3.35%

NOI: $18,598/yr

Cash-on-Cash Yield
-12.5%

On $127,650 invested

DSCR Ratio
0.54x

Negative debt coverage

5-Yr Leveraged ROI
+31.7%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (0.6% of basis)-$151/mo
Homeowner / Hazard Insurance-$162/mo
Vacancy Reserve (5% of rent)-$121/mo
Repairs & Maintenance (10% of rent)-$242/mo
Property Management (8% of rent)-$194/mo
Total Pure Operating Expenses-$869/mo
Net Investor Cash Flow
Gross Scheduled Rent+$2,419/mo
Less: Operating Expenses-$869/mo
Net Operating Income (NOI)+$1,550/mo
Less: Debt Service (30yr @ 6.75%)-$2,880/mo
Net Cash Flow
$-1,330/mo
$-15,960/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

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